Blink and you missed it…

Posted on Nov 09, 2016 by in Letters

(no link--sorry)

We have previously warned  that the election of the Trumpster would result in extreme volatility.  This in fact occurred -- in the middle of the night in the futures market-- 700 some odd down in the Dow and commensurate in the S&P.  As you can see the market just hesitated for a moment at the bottom and turned around and shot up like a scalded skunk.  By morning there was nothing  left of it --except a buy signal on significant volume.  Obviously we don't know that we have the beginning of a trend here -- but you have to bet that way.

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